Yes, definititely you can make good amount of money from Stock markets.
The key is Descipline. How much money you can earn depends on the fact that how desciplined are you with your investments.
By Descipline, I mean
[1] The amount of research you are doing when you take investment/trading decision
[2] Your vulnerability towards tips/rumours
[3] Willingness to adher to stop losses strictly
[4] How greedy are you
[5} Are you willing to accept your limitation to invest/trade w.r.t your capital (or) you want to overtrade
[6] Are you investing your own money or borrowed money
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2007-06-01 02:24:29
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answer #1
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answered by GS 3
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Yes! You can make money if you have the patience, since the share prices go up and down on a seasonal basis. You need to watch everyday and observe when to buy and when to sell. On an average you can make around 5% every month if you pick the right share at the right time. This can happen with continuous practice.
Long term or short term you can decide on your own once you are in it.
But I prefer Long Term Investment.
2007-06-03 13:38:33
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answer #2
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answered by satishfreeman 5
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YES. But, with that being said, let me give you some idea what it takes to be successful.
For several years I was heavily into Day Trading Online... I had a 3 computer, 3 monitor setup all on a LAN. I used Computer #1 for the actual trades. Computer #2 was for logging trades and computing my in and out points and the percentage of gain/loss on a trade with a program I had to write that gave me all the information, including any commissions, so I knew WHEN to buy or sell a stock and WHAT the gain or loss would be.
Computer #3 was the archiving computer. This was necessary so I could have a permanent track of trades FOR INCOME TAX PURPOSES... and THAT alone, when you are filing taxes, can run to a LOT of pages if you are an active trader.
I ran nearly $1 Million a year through my accounts and I was brutal when it came to trades... All my trades were VERY short term... I seldom kept a stock for 24 hours and NEVER kept a stock past 48 hours... also I took my accounts flat EVERY week-end.
I spent nearly $500 on text books treating specific areas ot trading... I can do Candlesticks in my sleep and can compute ARMS in my head in real time.
I tracked about 250 stocks DAILY and logged their Open and Closing prices every day after the trading was over.
All in all, it was about a 80 HOURS PER WEEK job... I can honestly say I have never worked SO HARD for such a little return.
Did I make money?... yeaup... would I do it again... NO WAY.! After 3 years I burned out and turned my accounts over to a professional Broker who was my mentor (you have to have one of those if you hope to be successful) who had never made a dime from my buying and selling but got all the commission when I turned the portfolio over to him
If you are still interested in making a fortune in the stock market, realize that you need a MINIMUM of $100,000 JUST TO BUY IN... anything less and you are just going to give it all to the market and the IRS. AND...REMEMBER... the ENTIRE AMOUNT is AT RISK.
Good Luck
2007-06-01 00:59:16
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answer #3
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answered by Anonymous
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Definitely today Share Market is a very good investment area.It does calls for risk but surely it will give you much better returns.If you are an investor have a long term view and if you are a trader, then keep a short term view
2007-06-01 01:54:38
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answer #4
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answered by Financial Hut 1
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yes its correct idea, but u must for self confident and without any confusions because some time u face such a lose and some time to receive high profit so both of handle with same think.more over to select the short term bonds 3 months or 6 months or maximum for 1 one year because its risk is low, everyday u must for watching that witch company is number one today that is the company is suitable for u.take care do successfully.
2007-06-01 07:04:15
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answer #5
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answered by Anonymous
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Actually, it is somewhat difficult not to make money although I am certain many do not.
The success of invest in companies is due to the fact that good companies expand their business and with that expansion your investment in them also expands.
Now, not all investments will in fact make you money. Some companies that appear to be good investments in fact are not. But if you diversify your investments, it is difficult not to make money.
Long term is my preferred investment method because of the tax advantages over short term. If you can find good long term investments no taxes are due until you sell. Your investment just continues to grow tax free and when you do sell, the capital gain is treated to a reduced tax rate.
Some speculators due make good profits short term but it requires a lot of work and a lot of attention.
2007-06-01 01:18:47
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answer #6
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answered by Anonymous
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Yes, it is possible to make money. But as you know every coin has two different sides. It is also possible that you lose money only coz of greediness. So best is to keep upto some limits. Again both short and long term have their adv n disadv.
2007-06-01 01:06:45
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answer #7
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answered by live n let live 2
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Share market is meant to make money, but not for every one. The share prices keep fluctuating , going up and down. If happen to buy share at value and sell when the prices are up , you make money. But if prices fall you loose money.
The bottom line is that if you are monitoring prices regularly and have some tips prices of which shares are likely going up, you will benefit, otherwise chances are you loose money.
2007-06-01 01:34:46
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answer #8
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answered by Shemit 6
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yes, you can make money: you have to do a thorough study of all concerned data, before you make investment decisions, taking guidance from reliable experts, if required. you have to make a module of your investments -- for example, 25% in high risk-high returns, 50% in low risk-low returns, 15% long term blue chips, 10% new issues etc. (this is only illustrative). also, you have to monitor the market fluctuations regularly and take corrective actions to move your stocks intelligently.
2007-06-01 01:10:03
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answer #9
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answered by swanjarvi 7
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Yes, you can make good amount of money from Stock markets.Stocks are great when it comes to good return, but risk is high, and it needs a wide understanding about the market and all the investors that are in it.
There are few things that you should consider before investing.How long you want to invest for? what kind of return you are looking for income or growth.If you are looking for high returns then invest in shares.check the link below to learn more on investing in shares.
all the best.
http://www.smart-investments.org/Best-Stock-Investments/How-To-Invest-In-Stock.php
http://money-review-site.com/shares.html
2007-06-01 16:07:09
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answer #10
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answered by Anonymous
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